Why can't fund managers trade stocks?
Because fund managers manage their own funds, and most funds invest in stocks, it is stipulated that fund managers cannot speculate in stocks. According to the relevant regulations of the state, armed police, servicemen, securities practitioners, fund practitioners and cadres at or above the department level of state organs are not allowed to participate in stock trading. In order to prevent fund managers from using their own company's money to obtain illegitimate profits and harm the interests of their own company's customers, the CSRC has made such a provision.
Fund managers generally have a high academic background and a solid professional foundation, and are the decision makers of fund investment. It is easier to get information than ordinary investors. In addition, they manage a large amount of funds, which may involve insider trading and disrupt the order of the stock market, so they are not allowed to enter the stock market.
But in any case, the rat warehouse is inevitable. The so-called "rat warehouse" refers to the behavior that fund practitioners first buy a stock at a low level with personal funds, then use public funds to raise the stock price, and then take the lead in selling their personal positions and making profits.
Securities and Futures Commission: In view of the fund manager's relative rat warehouse. The supervision of the fund manager's "rat warehouse" has been gradually put in place, and the supervisory layer is establishing a monitoring system for the securities investment of the fund manager's immediate family members, requiring the fund manager to report the ID number and securities account of the immediate family members.
After reading the above introduction, I believe you have a more comprehensive understanding of why fund managers can't speculate in stocks. Fund managers should not speculate in stocks, but also maintain the relative stability of the investment market, safeguard the interests of investors and focus on the overall situation.